NOT LISTED FOR SALE

8632 Longden Ave San Gabriel, CA 91775

Estimated Value: $1,080,000 - $1,304,000

3 Beds
2 Baths
1,405 Sq Ft
$825/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $1,000,000 $712 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,117/month

2 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Emperor Elementary School Rated A
  • Front Yard

About This Home

As of April 2022

*DRIVE BY ONLY* DO NOT DISTURB TENANTS! TEMPLE CITY SCHOOL. Please submit offer (with proof of funds/loan approval letter) subject to inspection. This is a 2-unit property with two detached homes on a LARGE LOT located in San Gabriel with Temple City Planning and Building jurisdiction. Both houses were remodeled in 2017. The Front House 8632 Longden Avenue features 2 bedrooms 1 bathroom with 915 SF., with private patio plus a detached 2-car garage. Updated (2017) interior with laminated flooring, fresh interior and exterior paint, updated kitchen with hookups for laundry & dryer, dual pane windows, private rear patio. The Rear House 8634 Longden Avenue features 1 bedroom 3/4 bath, measures 475 SF. With a large living room and kitchen, updated in 2017 with new exterior and interior paint, wood-like laminated flooring, remodeled kitchen with new cabinets, stove, washer/dryer unit and wall HVAC unit. Roof was re-done in 2017. Overall, the property has a large yard area with parking capacity up to 4 cars plus a 2 cars garage. Beautiful updated (2017) front yard with new landscaping, easy to maintain. Property Sold "As-Is". This is a long term tenant, they have taken very good care of the property with no late payment. PLEASE Do NOT Walk On The Property! Thank you.

Both units are tenant occupied. Front Unit (8632 Longden) renting for $2,200. Rear Unit (8634 Longden) renting for $1,650. Both units are renting on a month to month basis.

Last Agent to Sell the Property

Yuki Koyano

Pacific Onward Inc. License #00599930 Listed on: 03/20/2022

Last Buyer's Agent

William Huynh

L A FUNDING & REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,434

Year Built

  • Built in 1951

Lot Details

  • 8,768 Sq Ft Lot
  • Front Yard
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 31
  • Tax Tract Number 5903
  • Assessor Parcel Number 5386006017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,434

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 474950
  • Property Attached: No
  • Water Sewer Expenses: 635.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5386006017
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 711.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 678.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Front Yard
  • Lot Size Sq Ft: 8768.00
  • Lot Size Acres: 0.2013

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 46200.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 598.00
  • Lot Size Area: 8768.0000 Square Feet
  • Net Operating Income: 26733.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 19467.00
  • Rent Control: No
  • Total Expenses: 19467.00

Tax Info

  • Tax Lot: 31
  • Tax Tract Number: 5903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 1, 2017
Sold by
Chan Connie
Bought by
Mok Gary
Seller's Agent
Jimmy Tong
A + Realty & Mortgage
Buyer's Agent
Yuki Koyano
Pacific Onward Inc.
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%
Current Estimated Value
$1,159,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,521
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Feb 20, 2015
Closed on
Apr 15, 2015
Sold by
Heinrich Joanne R
Bought by
Chan Connie and Cao Hai Lin
Seller's Agent
Gary Lorenzini
Coldwell Banker Realty
Buyer's Agent
Jimmy Tong
A + Realty & Mortgage
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$506,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2001
Sold by
Heinrich Joanne R and Robertson Joanne R
Bought by
Heinrich Joanne R and Joanne R Heinrich Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mok Gary $850,000 Fatcola
Chan Connie $675,000 First American Title Company
Heinrich Joanne R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Connie $506,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2022 04/07/22 Sold $1,000,000 +5.3% $712 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $949,900 +11.8% $676 / Sq Ft
06/21/2017 06/21/17 Sold $850,000 +3.0% $605 / Sq Ft View Prior Sale
04/06/2017 04/06/17 For Sale $825,000 0.0% $587 / Sq Ft
02/15/2016 02/15/16 Rented $2,350 0.0% --
01/04/2016 01/04/16 Price Changed $2,350 -2.1% $3 / Sq Ft
01/03/2016 01/03/16 For Rent $2,400 0.0% --
05/27/2015 05/27/15 Sold $675,000 -3.4% $480 / Sq Ft View Prior Sale
04/15/2015 04/15/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $699,000 -- $498 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,434 $1,061,207 $848,966 $212,241
2024 $12,434 $1,040,400 $832,320 $208,080
2023 $12,152 $1,020,000 $816,000 $204,000
2022 $10,610 $929,595 $735,365 $194,230
2021 $10,820 $911,369 $720,947 $190,422
2019 $10,432 $884,339 $699,564 $184,775
2018 $10,109 $867,000 $685,848 $181,152
2016 $8,057 $685,293 $548,235 $137,058
2015 $1,994 $141,312 $50,114 $91,198
2014 $1,976 $138,545 $49,133 $89,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22055493

California Regional Multiple Listing Service (CRMLS)

APN: 5386-006-017